****** Location Based Services Market Trend

According to a new report ****** Location Based Services Market (2016-2022), published by KBV Research, the ****** Location Based Services is expected to attain a market size of $60.3 billion by 2022, growing at a CAGR of 32.2% during the forecast period.

The Hardware market dominated the ****** Location Based Services Market by Component in 2015, and would continue to be a dominant market till 2022. The Services market is expected to witness a CAGR of 35% during (2016 – 2022).

The GPS market dominated the ****** Location Based Services Market by Technology in 2015, and would continue to be a dominant market till 2022; growing at a CAGR of 28 % during the forecast period. The Enhanced-GPS market is expected to witness a CAGR of 30.1% during (2016 – 2022). Additionally, the Wi-Fi market is expected to witness highest CAGR of 32.2% during (2016 – 2022).

The Location Based Advertising market dominated the ****** Location Based Services Market by Application in 2015, and would continue to be a dominant market till 2022; growing at a CAGR of 28.4 % during the forecast period. The Social Networking & Entertainment market is expected to witness a CAGR of 34.4% during (2016 – 2022). Additionally, The Location Search & Information market is expected to witness highest CAGR of 33.9% during (2016 – 2022).

The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key influencing factors of the ****** Location Based Services have been discussed in the report along with the elaborated company profiles of Google Inc., SAP SE, Microsoft Corporation, Oracle Corporation, HP Enterprise Company, IBM Corporation, Qualcomm Incorporated and Cisco Systems, Inc.